posted
Up again today---someone must know about news coming out or 10Q--any ideas on the up trend
Posts: 196 | From: usa | Registered: Feb 2006
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They want shareholders to vote on raising the A/S from 300 Million to 1.5 Billion. They are worried about a potential takeover. The last time I seen a company do the 'Poision Pill" was INCO as they were worried about a hostile takeover. (Man if MSSI would take off like INCO did after the poision pill).
Here is excerpt from 14C released at 5:01 ET.
The issuance of such shares may also be used to deter a potential takeover of Medical Staffing that may otherwise be beneficial to shareholders by diluting the shares held by a potential suitor or issuing shares to a shareholder that will vote in accordance with the desires of the Board. A takeover may be beneficial to shareholders because, among other reasons, a potential suitor may offer shareholders a premium for their shares of stock compared to the then-existing market price. Posts: 1637 | Registered: Apr 2004
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Future looking bright, possibility of going international this year. Working presently with 300 hospitals. Couple of new websites coming on line this year.
Posts: 1637 | Registered: Apr 2004
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